Tariff Waste Now that Trump tariffs are going into full swing, the question is for what objective? The President says other countries treat America unfairly, indicating he sees an imbalance in trade concessions. That is why he warned he would double punitive duties on Canadian steel and aluminum is Ontario hiked the price of electricity it sells to American consumers. It is also why he now says he will respond to the retaliatory tariffs imposed by the EU. If the trade war were allowed to be just a tit for tat, then it would be a losing proposition. The metals industry would win and agriculture would lose. It is still a very delicate game. Separately, Hungarian Prime Minister Viktor Orban said he will impose a 10 percent limit on retailer pr...